Ferro-vanadium softens while ferro-moly remains strong

Ferro-vanadium prices continue to soften in Europe as traders scramble for material.

"The market is in panic mode because of Russia," said one trader. "The movement in price is mostly the result of inter-trade business rather than the result of a shift in the fundamentals."

While Tulachermet Vanadium restarted production in April, traders have yet to see any...


May 30, 2003

14:14 GMT